Fundonomy is a platform that allows users to easily launch funding contracts for projects on the Ethereum Classic blockchain without technical experience. It has a social media layer for communities and a blockchain layer for storing funds and reputation scores. Projects are funded through bounties and contributors can provide feedback to influence reputation scores. The roadmap involves progressively adding more decentralized features, starting with centralized reputation and moving to full decentralization across the stack. The founding team has experience in financial technology, blockchain development, and entrepreneurship.
2. Fundonomy Overview
Social Platform Layer provides an easy to use marketing and communication
interface to attract and engage a wider non-technical audience
Funding Smart Contracts for
Project Bounties, Deployed per
Project
Funding Smart Contracts for
Project Bounties, Deployed per
Project
Funding Smart Contracts for
Project Bounties, Deployed per
Project
Funding Smart Contracts for
Project Bounty Escrows -
Deployed per Project
Reputation Smart Contract
Collates Project and Team Scores
and is used as public Reputation
Utility for use off Platform
WebLayerBlockchainLayer
(OpenSource)
Fundonomy is a platform for launching a project funding contract on the Ethereum Classic Blockchain, with
no technical experience required. Project contributors can also judge performance and use the platform to
record scores in an open reputation utility contract
3. ETC is Key Component in the Stack
Web Application Layer – Is about information sharing
• Powerful project marketing tools to spread messages across all
social networks with a single user friendly interface
• Communications and group management tools to enables users
to manage campaigns before, during and after they launch
• Allows users to build communities and relationships
Blockchain Layer – Is about storing and managing value
• Collection of funds at little or no cost
• Holding of funds securely that release on key triggers e.g. dates,
completion of milestones etc
• Reputation score becomes a source of value that should be
independent of anyone party and can become a utility that can be
tapped into for any funding contract on or off Fundonomy
4. Deploy and Market Funding Contracts
Construct and Deploy
Project Bounty Contracts
Market and Enable Users to
Discuss and Contribute
Create a Social Marketplace of
Project Bounties and Ideas
5. Project Success Drives Reputation
Explore Project Bounties for
Contribution Based on Team Reputation
Team Members Build Reputation
Score Based on Contributor Feedback
6. Roadmap
Phase 1: Wolverine
• Funding projects using Pre-funding model through donation and reward based contributions
• Smart contract escrows with funds released on meeting funding target
• Centralized reputation system to test and refine optimal model
• Platform will not manage user keys or enable online funding for security.
• Limits on funding amounts to minimize risk of loss in case of smart contract failure
• Focus is on balancing user experience, stability and security
Phase 2: Cyclops
• Funding projects using Bounty model through reward contributions
• Smart contract escrows with funds released in tranches based on completion of key deliverables voted by funders
• Deployment of appropriate local node access or browser wallet based payments and contract interaction
• Deployment of a decentralized reputation utility
• Focus on providing increased flexibility on funding models and improving risk management
Phase 3: Xavier
• Funding projects using ICO models translatable to Equity investments aligned with UK financial markets regulation
• Smart contract escrows for ICOs and equity allocation register managed through contract
• Legal documentation based on UK legal entities, with beneficiaries highlighted on smart contract register
• Decentralization of social network connectivity to smart contract based public key social graph map
• Focus on extending funding infrastructure for commercial use
Phase 4: Phoenix
• Complete decentralization of the full stack using P2P client – think Open Bazaar for funding
• Focus on providing next generation of funding models that are not reliant on central intermediaries
• More information to be released in upcoming whitepaper
Wolverine
Prefunding
Through Donation
and Rewards
Cyclops
Project Bounties
and Decentralised
Reputation
Xavier
Regulated
Investment Equity
and ICO
Phoenix
Full Stack
Decentralization
7. Founding Team
Co-Founder
Marcello Fiori
Co-Founder
Alessio Menini
Co-Founder
Roy Zou
Co-Founder
Dr. Avtar Sehra
Avtar is a theoretical physicist turned
financial risk manager and technical
product architect. He has experience in
quantitative market and credit risk
models, regulation and technology
strategy. He is also CEO of a financial
services technology company and
advices companies and startups on big
data, machine learning and Blockchain
Marcello has over 18 years experience
in design and development of financial
technology solutions, with a focus on
trading technology and cryptographic
security methods. He is also CTO of a
financial services technology company
where he leads development of the front
to back Blockchain solutions for potential
production deployment
Alessio has over 16 years experience
in development of trading, settlement
and payment technology solutions. He
is also CIO for a financial services
technology company where her leads
the development of the settlement
operations and legacy system
integration layer, and directs the overall
client deployment activities.
Roy is a former senior engineer and
entrepreneur based in China. He is the
founder of Bitkio, a company based in
Guangzhou, China which develops
hardware products. He is also the
principal editor of the Chinese
encyclopedia concerning Ethereum. He
is also one of the founding member of
the BTC and ETC associations in China.